The Pacific Naval Military Court ordered to release on bail Sergey Ivanets, the principal of Far Eastern Federal University, from his house arrest. The amount of bail was 1 million rubles.

Last time, the term of the house arrest for Ivanets was stretched out till July 20th. Lawyers who acted for Ivanets appealed against the extension of house arrest. ''It’s a pre-trial restriction. It has no fixed term,'' said Ivanets’ lawyer.

In March, 2016, the Far Eastern Federal University principal was detained by special services and sentenced by the court to two months of the house arrest. Ivanets is charged with abuse of power which caused the damages estimated at more than 20 million rubles. According to the investigators, in 2011, Far Eastern Federal University and LLC Sovremenny Universitet signed an agreement on the initiation of the informational and technical system Electronic University consisting of 5 steps. The amount of the contract exceeded 647 million rubles. The first step was supposed to be realized by 2013. However, the contract operations were never done, while the university principal resorted to financial fraud. According to the investigators, in September, 2015, Sergey Ivanets ordered the university deputy principals Aleksey Tskhe and Viktor Atamanyuk to falsify the documents that is to sign the Delivery and Acceptance Certificate and transfer 20 million rubles to LLC Sovremenny Universitet.

The special services detained Sergey Ivanets in March, 2016. Prior to that, the university deputy principals Aleksey Tskhe and Viktor Atamanyuk had been arrested. At present, the university principal’s duties are carried out by vice-rector for campus development Vladimit Nikolaev.